Wall Street falls as tepid data adds to growth worries| Reuters
May 05, 2016 at 01:45 | Source:
U.S. stocks declined for a second day on Wednesday, weighed down by tepid data on private sector U.S. jobs and weaker-than-expected results from companies including Priceline.The ADP private sector employment report showed hiring in April fell to its...
Global stocks retreat for second day on growth worries| Reuters
May 05, 2016 at 01:15 | Source:
NEW YORK Global equity markets fell for a second straight day on Wednesday on mostly weak economic data and metals prices slipped on renewed signs of a downturn in global growth.Lacklustre manufacturing data from around the world sparked the selling ...
World stocks retreat for second day on growth worries| Reuters
May 05, 2016 at 00:30 | Source:
NEW YORK Global equity markets fell for a second straight day on Wednesday on mostly weak economic data and metals prices slipped on renewed signs of a downturn in global growth.Lackluster manufacturing data from around the world sparked the selling,...
Wall St falls as tepid data adds to growth worries| Reuters
May 05, 2016 at 00:15 | Source:
Wall Street was lower on Wednesday as tepid U.S. economic data and lackluster corporate results added to concerns about the health of the global economy.The ADP private sector employment report showed hiring in April fell to its lowest levels in thre...
Strong U.S. services sector data buoys economic outlook| Reuters
May 04, 2016 at 23:45 | Source:
WASHINGTON The U.S. services sector expanded in April as new orders and employment accelerated, bolstering views that economic growth would rebound after almost stalling in the first quarter.The growth outlook was, however, dimmed by another report o...
Jindal brothers sign $976 million power deal | Reuters
May 04, 2016 at 23:30 | Source:
NEW DELHI Billionaire Sajjan Jindal's JSW Energy Ltd has agreed to buy a 1,000 megawatt power plant from his brother's heavily indebted Jindal Steel and Power Ltd in a deal valued at up to $976 million, the companies said on Wednesday.Jindal Steel sa...
Jindal Steel in advanced talks to sell more assets - CEO| Reuters
May 04, 2016 at 23:15 | Source:
NEW DELHI Jindal Steel and Power is in advanced talks with some resources firms to sell more steel and mining assets, its CEO told Reuters, adding the company hopes to close a $976 million power plant deal well before a mid-2018 deadline.The New Delh...
Tata Motors shares shoot up 3 percent after good sales in April
May 03, 2016 at 10:57 | Source:
Shares of Tata Motors gained over three percentper cent after the company reported a 9.9 per cent growth insales at 39,763 units in April against 36,190 units during thesame month last year.After a positive opening, the shares of the companyclimbed 3...
Ten years of Kangana Ranaut: it's been a decade of making her own road
May 03, 2016 at 10:10 | Source:
When the going gets tough, the tough get going may soon get its own licensed Bollywood version: when the gossip mills get going, Kangna Ranaut goes shooting.In recent months and even today, news coverage of her has been dominated by her reported roma...
Chanel winning fight against luxury grey market - executive| Reuters
May 03, 2016 at 04:30 | Source:
HAVANA Chanel, the world's second largest luxury brand, said on Monday its efforts to curb the grey market have been successful and are helping boost revenue in China despite weaker overall demand for luxury goods.The company narrowed its price gaps ...
Clinton courts Appalachian voters to counter Trump on trade| Reuters
May 03, 2016 at 04:15 | Source:
WASHINGTON/CARMEL, Ind. U.S. presidential candidate Hillary Clinton met with coal and steel workers in the Appalachian region on Monday in an effort to win over blue-collar voters in a part of the country with strong support for Republican Donald Tru...
Stocks rise, bond prices fall on investor optimism| Reuters
May 03, 2016 at 02:45 | Source:
NEW YORK A weakening U.S. dollar and optimism that commodity prices will steady boosted global stock markets on Monday, pushing down U.S. Treasury prices.Wall Street climbed as investors anticipated that a feebler dollar will boost U.S. exports by ma...
Tokyo slide keeps mood downbeat| Reuters
May 03, 2016 at 00:45 | Source:
LONDON A 3-percent drop in Japanese shares and weakness in the banking sector kept financial markets on edge on Monday, although stock markets in both Europe and the United States were on track for some minimal gains.With trading thinned by holidays ...